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Forex pairs in this Article » USD/JPY (San Francisco) - After declining 130 pips so far on the day, the USD/JPY finally found support at the 98.00 area, where the pair remains trading in consolidation mode in between 98.00 and 98.30.

Currently, the USD/JPY is trading at 98.05, 1.25% negative on the day. The short term perspective is now strongly bullish according to the trend index. Indicators such as MACD, CCI and MACD are pointing to the south while the Stochastic is bullish.

Below the 98.00, next supports are 97.60 and 97.20. On the upside, resistances are now at 98.20, 99.00, 99.10 and 99.85.
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